CCY - Delayed Quote • GBP JPY/GBP (JPYGBP=X) Follow 0.0050 -0.0001 (-1.58%) At close: April 26 at 10:26 PM GMT+1 Related Currencies News Yen hits fresh multi-decade low The yen (JPY=X) has hit a more than 30-year low against the US dollar. It comes after the Bank of Japan left room to raise rates following its latest policy meeting. Yahoo Finance's Jared Blikre and Julie Hyman break down the currency movements. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Stephanie Mikulich. USD/JPY Weekly Price Forecast – US Dollar Continues to Crush The Yen The US dollar has rallied all week, as the Bank of Japan decided not to do anything about the interest rate, and even said that the depreciation of the yen isn’t an issue. USD/JPY Forecast – US Dollar Continues to See Upward Pressure as BoJ Flinches Remarkably, the Bank of Japan stated during its press conference that the depreciation of the yen wasn’t an issue. Interesting…. AUD/USD Weekly Price Forecast – Aussie Powers Higher For The Week The Australian dollar has seen a lot of noisy behavior, as recovery was on the menu this past week. At this point, we are in the middle of the overall consolidation area that has been so important in this pair. AUD/USD Forecast – Aussie Continues to Swim Upstream The Aussie dollar rallied on Friday, as we continue to see it swim upstream. The market was strong in the early hours of Friday but finds itself in the middle of the previous consolidation area. Yen Hits New Multidecade Low After Bank of Japan Stays on Hold The yen whipsawed Friday, hitting a fresh multidecade low against the dollar, after Bank of Japan Gov. Kazuo Ueda disappointed traders seeking hints on further rate increases. + Some analysts say only bigger moves would trigger intervention by Japan's finance ministry. The central bank decided earlier in the day to maintain its recent target range for interest rates at 0% to 0.1%. Ueda left the door open for more rate increases, but suggested recent falls in the yen might not trigger immediate BOJ action. Wall Street and Europe higher as Google owner crosses $2tn The Bank of Japan (BoJ) kept its monetary policy unchanged at the conclusion of its two-day meeting. 9 luxury homes to consider if money is no object Have you ever wondered what a multimillion pound budget would buy you? Best savings accounts that offer above inflation rates Check the best savings accounts to find a top-rated deal that works for you. USD/JPY Forecast – US Dollar Continues to See Strength The US Dollar has rallied significantly to show signs of continuation against the lowly Japanese yen. However, there is a Bank of Japan meeting in the early hours on Friday that could cause headaches. AUD/USD Forecast – Aussie Continues to Attempt a Move Higher The Aussie continues to see attempts to rally, as the market has possibly been overstretched to the downside. The market now look as if it is going to be running into a bit of trouble. Soaring Dollar Puts Yen Traders on High Alert Is Japan about to intervene to prop up the value of its currency? The currency has been badly hit by rising speculation that the Federal Reserve will delay interest-rate cuts, which has pushed up the value of the greenback against a range of currencies. It has also overshadowed the Bank of Japan ending its negative rate policy last month, which many traders though would push the yen higher. Next on the calendar: The Bank of Japan’s monetary-policy meeting, which concludes Friday. FTSE 100 closes high and Wall Street falls as US growth slows The FTSE 100 outperformed against its European and US peers on Thursday, hitting a new high for the third session in a row. Top tips to invest in a property and the features that sell a home When looking to buy a home that will increase in value, property investors are on the lookout for these features. USD/JPY Forecast – US Dollar Continues to Pressure the Yen Amidst Breakout The USD/JPY pair broke above the 155 level in the early hours on Wednesday, but the real question will be whether or not it can hold those gains? AUD/USD Forecast – Australian Dollar Continues to Face Headwinds Despite Move The AUD rallied again during the session on Wednesday, showing that there is a significant amount of momentum trading. However, the Aussie is running into major resistance just above. FTSE 100: Lloyds sees profits drop by 28% Lloyds profits slip as the bank is hit by rising competition in the mortgage market. USD/JPY Forecast – US Dollar Continues to Flex Its Muscles The US dollar continues to pressure the 155 level showing signs of perhaps trying to break out given enough time. AUD/USD Forecast – Aussie Continues to Attempt a Recovery The AUD is a currency that is trying to test a pervious support level, which now is likely to offer resistance. Falling pound puts FTSE on the front foot Sterling fell to a five-month low against the dollar this week, propping up multinationals in London's flagship index.
